Investor Presentaiton
□ KraneShares™
RETURN, RISK &
CORRELATION
Developed Markets
Emerging Markets
China (All China)
United States
Europe
Japan
Pacific ex-Japan
Emerging Markets
Excluding China (EM
ex China)
Frontier
INDEX
MSCI WORLD INDEX
Inception Date: Mar 31, 1986
MSCI EMERGING MARKETS INDEX
Inception Date: Jan 01, 2001
MSCI CHINA ALL SHARES INDEX
Inception Date: Jun 26, 2014
From June 25, 2014 through October 31, 2008, MSCI CHINA A ONSHORE + MSCI CHINA was
used to calculate return. MSCI CHINA A ONSHORE reflects the percent of A-Shares within the
entire investable China equity market while MSCI CHINA reflects the percent of H shares, B
shares, Red chips, P chips and foreign listings.
From November 1, 2008 through May 10, 2005, 31.15% MSCI CHINA A ONSHORE Index +
68.03% MSCI CHINA Index was used to calculate return.
From May 9, 2005 through January 1st, 2001, 31.15% Shanghai Composite Index + 68.03%
MSCI CHINA Index was used to calculate return.
MSCI USA INDEX
Inception Date: Mar 31, 1986.
MSCI EUROPE INDEX
Inception Date: Mar 31, 1986.
MSCI JAPAN INDEX
Inception Date: Mar 31, 1986.
MSCI Pacific EX JAPAN INDEX
Inception Date: Aug 31, 1987
MSCI EMERGING MARKETS EX CHINA INDEX
Inception Date Mar 09, 2017.
Prior to start date, MSCI EMERGING MARKETS INDEX minus the returns of securities from
MSCI CHINA was used to calculate return. MSCI CHINA reflects the percent of China within the
MSCI EMERGING MARKETS INDEX.
MSCI FRONTIER MARKETS INDEX
Inception Date: Dec 18, 2007
INDEX DEFINITION
MSCI World Index (Net USD): The MSCI World Index captures large and mid cap representation across 23 Developed Markets
(DM) countries. With 1,644 constituents, the index covers approximately 85% of the free float-adjusted market capitalization in
each country. Inception date: Mar 31, 1986.
MSCI Emerging Markets Index (Net USD): MSCI Emerging Markets Index captures large and mid cap representation across 23
Emerging Markets (EM) countries. With 834 constituents, the index covers approximately 85% of the free float-adjusted market
capitalization in each country. Inception date: Jan 1, 2001.
MSCI China All Shares Index (Net USD): MSCI China All Shares Index captures large and mid-cap representation across China A
shares, B shares, H shares, Red chips, P chips and foreign listings (e.g. ADRs). The index aims to reflect the opportunity set of
China share classes listed in Hong Kong, Shanghai, Shenzhen and outside of China. It is based on the concept of the integrated
MSCI China equity universe with China A-shares included. Inception date: Jun 26, 2014.
MSCI China A Onshore Index (Net USD): The MSCI China A Onshore Index captures large and mid cap representation across
China securities listed on the Shanghai and Shenzhen exchanges. Inception date: May 10, 2005.
MSCI China Index (Net USD): The MSCI China Index captures large and mid cap representation across China H shares, B shares,
Red chips, P chips and foreign listings (e.g. ADRs). With 153 constituents, the index covers about 85% of this China equity
universe. Inception date: Jan 1, 2001.
Shanghai Composite Index (Net USD): is a stock market index of all stocks that are traded at the Shanghai Stock Exchange.
Inception date: Jul 15, 1991.
MSCI USA Index (Net USD): The MSCI USA Index is designed to measure the performance of the large and mid cap segments of
the US market. With 622 constituents, the index covers approximately 85% of the free float-adjusted market capitalization in the
US. Inception date: Mar 31, 1986.
MSCI Europe Index (Net USD): The MSCI Europe Index captures large and mid cap representation across 15 Developed Markets
(DM) countries in Europe. With 443 constituents, the index covers approximately 85% of the free float-adjusted market
capitalization across the European Developed Markets equity universe. Inception date: Mar 31, 1986.
MSCI Japan Index (Net USD): the MSCI Japan Index is designed to measure the performance of the large and mid cap segments
of the Japanese market. With 321 constituents, the index covers approximately 85% of the free float- adjusted market
capitalization in Japan. Inception date: Mar 31, 1986.
MSCI Pacific ex Japan Index (Net USD): The MSCI Pacific ex Japan Index captures large and mid cap representation across 4 of
5 Developed Markets (DM) countries in the Pacific region (excluding Japan). With 148 constituents, the index covers approximately
85% of the free float-adjusted market capitalization in each country. Inception date: Aug 31, 1986
MSCI Emerging Markets ex China Index (Net USD): The MSCI Emerging Markets ex China Index captures large and mid cap
representation across 23 of the 24 Emerging Markets (EM) countries* excluding China. With 692 constituents, the index covers
approximately 85% of the free float-adjusted market capitalization in each country. Inception date: Mar 09, 2017.
MSCI Frontier Markets Index (Net USD): The MSCI Frontier Markets Index captures large and mid cap representation across 29
Frontier Markets (FM) countries. The index includes 109 constituents, covering about 85% of the free float- adjusted market
capitalization in each country. Inception date: Dec 18, 2007.View entire presentation